Price Reduction
Address
2120 Cleveland Avenue, Chattanooga, TN
Price
$ 205,900
Property Attributes
- MLS#1540426
- TypeSingle Family
- Listing Status Active
- CountyHamilton
- CityChattanooga
- AreaChattanooga
- NeighborhoodStanleys Of Delong Tract
- Zip37404
- StyleSingle Family Residence
- Year Built1940
- Taxes$ 1255
- Price$ 205,900
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1040
- Lot Size0.5 Acres
Data Source:
Greater Chattanooga MLS (GCAR)
Property Description
PRICE IMPROVEMENT - $205,900 | INCOME-PRODUCING CHATTANOOGA RENTAL Investor opportunity with an established tenant and lease already in place. 2120 Cleveland Ave currently generates $1,628 per month in rental income, with the existing lease running through January 31, 2027. For investors looking to add multiple doors, this property is also available as part of a three-home Chattanooga rental portfolio with 1725 Newton St and 1307 Wheeler Ave. The portfolio currently produces a combined $4,654 per month / $55,848 annually in scheduled gross rent. Individual asking prices total $600,800, or purchase all three for $585,000--a $15,800 portfolio discount. The portfolio offers immediate rental income, three established tenancies and staggered lease expirations, allowing an investor to acquire multiple income-producing properties in a single transaction. Tenant occupied. Please do not disturb tenant. Showings and additional lease information available in accordance with listing instructions.
| Elementary School | Middle School | High School |
|---|---|---|
| Orchard Knob Elementary Elementary School | Orchard Knob Middle Middle School | Brainerd High High School |
| Price History | |
|---|---|
| 8/25/2026 | Listed $220,000 |
| 9/21/2026 | 6$205,900 |
General Features
| Sewer | Public Sewer,Other |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air,Electric |
| Utilities | Cable Available,Electricity Available,Phone Available,Sewer Connected |
| Possession | Close Of Escrow |
| Roof | Shingle |
| Appliances | Electric Water Heater |
| Patio/Porch Features | Deck,Patio,Porch,Porch - Covered |
| Construction Materials | Vinyl Siding |
| Year Built | 1940 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Accessibility | Other |
| County | Hamilton |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Stanleys Of Delong Tract |
| Garage Y/N | false |
| Total Rooms | 5 |
| Full Baths | 1 |
| Status | Active |
| Directions | East on Third Street left on North Orchard Knob Right on Cleveland Ave |
| High School | Brainerd High |
| City | Chattanooga |
| Senior Community Y/N | false |
| MLS Area | Chattanooga |
| Lot Size Units | Acres |
| Lot Size Square Feet | 21780 |
| Carport Y/N | false |
| Listing Terms | Cash,Conventional,FHA |
| Elementary School | Orchard Knob Elementary |
| Tax Annual Amount | 1255.1 |
| Home Warranty Y/N | false |
| Middle/Junior High School | Orchard Knob Middle |
| MLS Area Minor | Chattanooga |
| Additional Parcels Y/N | false |
| Standard Status | Active |
| Legal Description | Lt 118 Stanley Sub Of Delong Tr Pb 2 Pg 14 |
| Sewer_co_Public_sp_Sewer | true |
| Heating_co_Central | true |
| Utilities_co_Cable_sp_Available | true |
| Utilities_co_Electricity_sp_Available | true |
Interior Features
| Interior Amenities | High Speed Internet,Open Floorplan,Separate Shower |
|---|---|
| Basement | Crawl Space |
| Flooring | Hardwood,Tile |
| Total Fireplaces | 1 |
| Fireplace Features | Bedroom |
| Basement (Y/N) | true |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Above Grade Finished Area | 1040 |
| Laundry Features | Electric Dryer Hookup,Gas Dryer Hookup,Washer Hookup |
| Total Bedrooms | 3 |
| LivingAreaSource | Tax Records |
| Total Baths | 1 |
Exterior Features
| Exterior Amenities | Other |
|---|---|
| Fencing | Fenced |
| Parking Features | Off Street |
| Lot Features | Level |
| Water Source | Public,Other |
| Lot Size Area | 0.5 |
| Foundation Details | Block |
| Building Area Total | 1040 |
| Lot Dimensions | 40X88.5 |
| Lot Size Acres | 0.5 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 37404
Price
Taxes
Year Built
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